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Crypto market bloodbath: $435 million in liquidations over 24 hours

FROM THE WIRE · U.TODAY

The crypto market is in for another bumpy ride as financial events coincide with a spike in volatility, and around $435 million in positions have been liquidated over the past 24 hours. Bitcoin (BTC) and Ethereum (ETH) are taking the biggest hit, and leveraged traders keep…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHeavy liquidations of leveraged positions weigh on bitcoin and ether amid rising volatility.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Around $435 million in positions were liquidated over the past 24 hours.
  2. 02Bitcoin and Ethereum are taking the biggest hit from the volatility.
  3. 03Leveraged traders keep losing money on major exchanges.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto78,390.73 USD0.00%today +1.35%Negative EthereumETHUSDCrypto2,322.63 USD+0.23%today +2.20%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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